Lemieux believes that with the wheat separated from the chaff over the past tumultuous year, the truly strong companies have emerged. But you may be surprised by the jurisdictions he predicts will come to life in 2014.
There remains some ambiguity as to when bidding rounds would actually be opened up to international oil companies, with most predicting sometime next year.
Investors should worry less about the right balance of specific commodities and more about the right mix of early-stage, development-stage and producing companies.